Here in the real world, gypsy cabs cost as much or more than licensed cabs.
My point isn't that we can't be sensible -- my point is that we should be sensible. Unregulated markets are the solution for 90-95% of goods and services. Some markets are special in that the incentives by themselves lead to something obviously wrong -- unless you're against net neutrality, you agree with me here in at least one case.
My point isn't that we can't be sensible -- my point is that we should be sensible. Unregulated markets are the solution for 90-95% of goods and services. Some markets are special in that the incentives by themselves lead to something obviously wrong -- unless you're against net neutrality, you agree with me here in at least one case.
My point is "right tool for the job".